NOT LISTED FOR SALE

16 Cambridge Terrace Unit 2 Cambridge, MA 02140

Neighborhood Nine Neighborhood

Estimated Value: $913,853 - $1,228,000

2 Beds
2 Baths
981 Sq Ft
$315/mo HOA Fee

Last Sold August 07, 2018

Last sale price $783,500 $799 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $6,499/month

13 Days on Market

Highlights

  • Wood Flooring
  • 4-minute walk to Porter Square Station
  • 5-minute walk to Raymond Park
  • Forced Air Heating and Cooling System

About This Home

As of August 2018

Beautiful condo on highly sought after Porter Sq. location on a tree lined one way street. Only a few blocks to restaurants, shops, parks, and the red line T stop. This well maintained 3-unit building was renovated in 2007. The exterior was just painted and re-shingled in 2016.  The open floor plan and many windows make this unit feel bright and inviting.  The modern kitchen has granite counter-tops, stainless steel appliances, and shaker style wooden cabinets.  Two large bedrooms, with generous closet space.  One full and one half bathroom with beautiful Italian tile.  The living room has a gas fireplace that is perfect for cozy evenings.  It also offers the convenience of an in-unit washer and dryer, and the comfort of central air conditioning.  Exclusive front & back porches, and a shared backyard space that is perfect for grilling and entertaining.  This unit also offers a large storage area in the basement. Everything you want in a perfect location.

Last Agent to Sell the Property

Victor Divine

Berkshire Hathaway HomeServices Commonwealth Real Estate Listed on: 06/20/2018

Berkshire Hathaway HomeServices Commonwealth Real Estate

Last Buyer's Agent

Jonny Kim

Coldwell Banker Realty - Cambridge

Coldwell Banker Realty - Cambridge

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,693

Year Built

  • Built in 1902

Lot Details

  • Year Round Access

HOA Fees

  • $315 per month

Kitchen

  • Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater
  • Cable TV Available

Additional Features

  • Basement

Community Details

  • Call for details about the types of pets allowed

Listing and Financial Details

  • Assessor Parcel Number M:00201 L:0009500002

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,693

Year Built

Built in 1902

Lot Details

0

HOA Fees

$315 per month

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: 2/3 Family
  • Other Agent: 2.50
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 814.48
  • Comp Based On: Net Sale Price
  • Year Built: 1902
  • Lead Paint: Unknown
  • Year Round: Yes
  • Unit Building: 2
  • Unit Level: 2
  • Unit Placement: Middle
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1902

Interior Features

  • Fireplaces: 1
  • Flooring: Tile, Hardwood
  • Interior Amenities: Cable Available
  • Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
  • No Bedrooms: 2
  • Master Bedroom: On Level: Second Floor, Closet/Cabinets - Custom Built, Flooring - Hardwood
  • Bedroom 2: On Level: Second Floor, Closet/Cabinets - Custom Built, Flooring - Hardwood
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bathroom 1: On Level: Second Floor, Bathroom - Full, Bathroom - Tiled With Tub, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
  • Bathroom 2: On Level: Second Floor, Bathroom - Half
  • No Rooms: 5
  • Dining Room: On Level: Second Floor, Flooring - Hardwood, Window(s) - Bay/Bow/Box
  • Kitchen: On Level: Second Floor, Flooring - Hardwood, Countertops - Stone/Granite/Solid, Stainless Steel Appliances
  • Laundry: On Level: Second Floor, Bathroom - Half
  • Living Room: On Level: Second Floor, Fireplace, Flooring - Hardwood, Window(s) - Bay/Bow/Box
  • Basement: Y
  • No Living Levels: 1
  • Main Lo: BB3282
  • Main So: K95001
  • Estimated Sq Ft: 981.00

Exterior Features

  • Construction: Frame
  • Roof Material: Rubber
  • Exterior: Shingles
  • Exterior Unit Features: Porch, Garden Area

Garage/Parking

  • Parking Feature: On Street Permit

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers
  • Cooling: Central Air
  • Cooling Zones: 1
  • Heating: Forced Air
  • Heat Zones: 1
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range, for Gas Oven, for Electric Dryer, Washer Hookup

Condo/Co-op/Association

  • Fee Interval: Monthly
  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Highway Access, Public School, T-Station, University
  • HOA Fees: 315.00
  • Association Fee Includes: Water, Sewer, Master Insurance, Exterior Maintenance, Reserve Funds
  • Condo Association: Yes

Lot Info

  • Assessments: 687900.00
  • Parcel Number: M:00201 L:0009500002
  • Zoning: RES

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Taxes: 4327.00
  • Assessor Parcel Number: 4680720

Multi Family

  • No Units: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 3, 2024
Sold by
Neal Preston and Spier Anna
Bought by
Neal Spier 2024 T and Neal N
Total Days on Market
13
Current Estimated Value
$1,021,213

Purchase Details

Closed on
Dec 21, 2009
Sold by
Murphy Kevin J
Bought by
Murphy Rachael L
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Neal Spier 2024 T -- None Available
Murphy Rachael L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Neal Preston $614,500
Previous Owner Neal Preston $625,000
Previous Owner Spier Anna $626,800
Previous Owner Murphy Rachael L $50,000
Previous Owner Murphy Rachel L $375,000
Previous Owner Murphy Rachael L $372,000
Previous Owner Murphy Kevin J $29,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2018 08/07/18 Sold $783,500 -1.9% $799 / Sq Ft
07/03/2018 07/03/18 Pending -- -- --
06/20/2018 06/20/18 For Sale $799,000 -- $814 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,693 $896,500 $0 $896,500
2024 $5,166 $872,600 $0 $872,600
2023 $4,998 $852,900 $0 $852,900
2022 $4,940 $834,400 $0 $834,400
2021 $4,834 $826,400 $0 $826,400
2020 $4,651 $808,900 $0 $808,900
2019 $4,456 $750,100 $0 $750,100
2018 $2,242 $687,900 $0 $687,900
2017 $4,093 $630,600 $0 $630,600
2016 $3,935 $562,900 $0 $562,900
2015 $3,895 $498,100 $0 $498,100
2014 $3,834 $457,500 $0 $457,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72350492

MLS Property Information Network (MLS PIN)

APN: CAMB-000201-000000-000095-000002